In a blockbuster media transaction, Fox announced Monday that it will acquire Roku for roughly $22 billion.

Fox Corp announced that they will be buying Roku in ‌a cash-and-stock deal that is valued at about $22 billion, that gives the company access to the more than 100 million households using Roku's strea...

“The combination with FOX is an extraordinary opportunity to accelerate our vision, scale faster and innovate more aggressively for viewers, partners and advertisers,” Wood said in prepared remarks.